Tabragg, I am running 17 inch wheels on my '53 with stock axles. The wheels are 10 inches wide with no offset (backspaceing). I don't know what the width of a 94 Corvette wheels is. My tires are 265/70r17s so your tires would set your truck lower and give you more clearance. As long as the Nova rear is the same width as the stock rear this same size wheel should work. I have had my truck off road in some rough stuff and had no clearance issues.
Now if I could find a stock looking steel wheel in A 17X10, I would run shorter tires and a dropped axle.
Check my photobucket link for pix.